Breadcrumb Trail Links PMN Business A coalition of climate groups and academics is asking Finance Minister Chrystia Freeland to exclude projects derived from fossil fuels from the Canadian government’s hydrogen production tax incentive. Author of the article: Bloomberg News Brian Platt Published Feb 09, 2023 • 2 minute read Join the conversation Chrystia Freeland, right, […]
Article content (Bloomberg) — Canada will send four battle tanks to Ukraine in the coming weeks, joining North Atlantic Treaty Organization allies including the US and Germany. Article content Defense Minister Anita Anand, speaking Thursday afternoon in Ottawa, said the government may send more of Canada’s Leopard 2 tanks in future, depending on talks with […]
Article content (Bloomberg) — Saudi Arabia-based management consultancy TAM Development Co. is planning an initial public offering later this year, in a test of whether investor demand for new share sales will carry through from last year. Article content TAM is planning to list on the Kingdom’s small cap market, co-founder and Chief Executive Officer […]
Breadcrumb Trail Links PMN Business Ease into the new week. Author of the article: Bloomberg News Shiyin Chen Published Jan 08, 2023 • 2 minute read Join the conversation Migrants wait at the US and Mexico border wall in El Paso, Texas, on Dec. 22, 2022. Photographer: Eric Thayer/Bloomberg Photo by Eric Thayer /Bloomberg Article […]
Breadcrumb Trail Links PMN Business Joe Biden’s choice of El Paso, Texas, as the site of his first presidential visit to the US-Mexico border puts a spotlight on a city that has struggled to deal with a four-fold surge in the number of migrants on its streets. Author of the article: Bloomberg News Shelly Hagan […]
Article content (Bloomberg) — The US Treasury market notched a record annual loss in 2022, fueled by inflation pressures that prompted the Federal Reserve to hike its overnight benchmark by more than four percentage points. Article content Yields peaked in October or November, then retreated as inflation gauges began to show moderation and Fed officials […]
Article content (Bloomberg) — A giant storm barreling across Canada and the US is disrupting travel in Canada’s major cities ahead of the holidays. Air Canada is warning of snow-related cancellations from Friday through Christmas Day at the country’s biggest airport, as well as in Vancouver, Ottawa, Montreal and Quebec City. WestJet said it is […]
Article content (Bloomberg) — The performance of the Canadian and Australian dollars this week is a hint of what’s to come for policy makers who don’t keep pace with the Federal Reserve. Article content The loonie fell 1.1% against the US dollar since last Friday even as the Bank of Canada delivered a bigger hike […]
Article content (Bloomberg) — Ontario Teachers’ Pension Plan Board is considering a sale of Busy Bees Group Ltd., a provider of child daycare centers in the UK, according to people familiar with the matter. The Canadian investor is weighing selling part or all of Busy Bees, the people said, asking not to be identified discussing […]
Breadcrumb Trail Links PMN Business Elon Musk retakes the stage a year after an unforgettably strange stunt was performed in a spandex suit. Author of the article: Bloomberg News Dana Hull Article content (Bloomberg) — Tesla has long staged splashy events to generate buzz and media coverage of forthcoming — and sometimes aspirational — products. Part revival […]